16 West 40th Street
16 West 40th Street, New York, NY 10018
BBL 1008417501 · BIN 1090404
- Year built
- 2021
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Doorman (hours not stated)
Every recorded sale at this building, 2017–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,964
- floor-adjusted, 2 sales
- Listing discount
- 3.2%
- Recorded sales
- 52
- On record
- 2017–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Bryant would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Bryant at 16 West 40th Street is David Chipperfield’s first residential building in New York City. Developed by HFZ Capital Group, it was completed in 2021, with its first temporary certificate of occupancy issued in August 2020. The 33-story tower places 57 condominium residences above a boutique hotel, restaurant and bar.
The building faces Bryant Park, next to the New York Public Library, with Fifth Avenue, Grand Central and major transit lines nearby.
Architecture and unit composition
The terrazzo-stone facade uses cast panels with embedded aggregate. Chipperfield’s design emphasizes proportion, light and materials both in the tower’s exterior and in the residences.
The residences occupy the floors above the hotel, with layouts ranging from one-bedrooms to larger homes and upper-floor residences. Some apartments face north over Bryant Park; other lines have different Midtown exposures. Review the actual floor plan, ceiling heights, finishes and outlook of the apartment being considered.
Building operations
The Bryant operates as a full-service condominium with an attended lobby and doorman, a fitness center, and a residents' lounge. A hotel, restaurant, and bar occupy the lower floors; which hotel services residents can use, at what cost and under what agreement should be confirmed in the declaration, the current budget and any shared-services agreement. Common charges reflect the residential service level; real estate taxes are billed per unit in the standard condominium structure.
As a condominium, there is no co-op board admission: purchases clear through a right-of-first-refusal rather than a board interview. Financing, pied-à-terre, trust, LLC and investment ownership rules, along with subletting and pet specifics, follow the condominium's governing documents and are confirmed through the managing agent.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,389 per room a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.76 per square foot a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $2.12 per square foot a monthMedian of 6 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.59 per square foot a monthMedian of 6 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' loungeSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $6,207/yr
- 2030–2034 annual penalty
- $217,658/yr
- Per unit / month range
- $9 – $318
- Modeled exposure split equally across 57 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Feb 10, 2026 | 29A | 2 BR · 2.5 BA · 1,650 sf | $3,999,000 | $2,424/sf | -8.9% |
| Jan 29, 2026 | 28B | 2 BR · 2.5 BA · 1,882 sf | $3,904,369 | $2,075/sf | -9.2% |
| Dec 17, 2025 | 25B | 2 BR · 2.5 BA · 1,882 sf | $3,700,000 | $1,966/sf | -7.4% |
| Oct 31, 2025 | 20C | 2 BR · 2.5 BA · 1,329 sf | $2,623,500 | $1,974/sf | -12.5% |
| Oct 17, 2025 | 29B | 2 BR · 2.5 BA · 1,882 sf | $3,975,000 | $2,112/sf | -20.4% |
| Oct 7, 2025 | 26B | 2 BR · 2.5 BA · 1,882 sf | $3,900,000 | $2,072/sf | -20.0% |
| Jun 16, 2025 | 24D | 1 BR · 1 BA · 1,067 sf | $1,850,000 | $1,734/sf | -2.4% |
| Oct 26, 2023 | 24A | 2 BR · 2.5 BA · 1,391 sf | $4,075,000 | $2,930/sf | -6.3% |
Market read. Most recent trades (2026 to date) cleared a median $1,964/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00841-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at The Bryant, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 7 | $8,000 |
| 2 bedroom | 4 | $13,872 |
12 closed leases, October 2023 to September 2026. Most recent lease August 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Bryant and nearby.
At the recent median sale of $3.9M (7 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $161,946 to close, or 4.2% of the price.
- Mansion tax: $58,500
- Mortgage recording tax: $56,306
- Title insurance: $17,550
- Attorneys, lender, building fees, reserves and filings: $29,590
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with The Bryant and its market
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What to know if you’re buying
Compare park-facing and other lines using actual apartment visits and matched sales. Before assigning value to hotel services, obtain the resident access terms, charges and any shared-services agreement; the hotel’s presence does not establish a resident entitlement. Review the current condominium requirements for the intended financing, ownership structure and use.
What to know if you’re selling
Present the specific apartment’s view, floor plan and finish condition, and distinguish private residential amenities from separately operated hotel services. Support pricing with matched closed sales and provide the current service agreements, budget and purchase requirements to prospective buyers.
Comparable buildings
If you're evaluating 16 West 40th Street, these nearby Midtown and Fifth Avenue condominiums make a useful comparison set:
- 400 Fifth Avenue — Fifth Avenue condominium-and-hotel tower
- 321 Fifth Avenue — NoMad / Midtown South condominium
- 225 Fifth Avenue — Madison Square Park condominium
- 212 Fifth Avenue — pre-war condominium conversion at Madison Square Park
- 277 Fifth Avenue — NoMad condominium tower
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Bryant?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com